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specutator

03/14/14 3:54 PM

#160575 RE: StevenCohen #160572

True, but you left out a crucial part of the SEC's statement

The SEC has approved in writing that public companies can use twitter, facebook, you tube and websites to keep investors/shareholders informed.

The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.